Technopolis
Technopolis to Launch Share Buyback Program
Technopolis 30.10.2014 07:15 Dissemination of a Adhoc News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- TECHNOPOLIS PLC STOCK EXCHANGE RELEASE October 30, 2014 at 8:15 a.m. Technopolis to Launch Share Buyback Program Technopolis Plc's Board of Directors has decided to launch a share buyback program. The maximum number of shares to be acquired is 1,000,000 (one million). The share buyback is based on the authorization granted to the Board of Directors at the Annual General Meeting of Technopolis Plc on March 26, 2014. Pursuant to this authorization, a maximum of 10,625,000 shares may be acquired. The shares can be repurchased at a price determined by public trading on the date of the repurchase or otherwise at a price determined on the open market. According to the Board of Directors' decision, the share buyback will commence no earlier than November 3, 2014. The authorization is effective until the end of the next Annual General Meeting, however, no longer than 30 June 2015. Shares purchased in this way can be used as consideration in possible acquisitions or in other arrangements that are part of the company's business, to finance investments, or be retained, conveyed, or cancelled by the company. Technopolis Plc Board of Directors For further information: Keith Silverang CEO Tel. +358 40 566 7785 Technopolis provides the best addresses for companies to operate and succeed in five countries in the Nordic-Baltic region. The company develops, owns and operates a chain of 20 smart business parks that combine services with flexible and modern office space. The company's core value is to continuously exceed customer expectations by providing outstanding solutions to 1,700 companies and their 40,000 employees in Finland, Norway, Estonia, Russia and Lithuania. The Technopolis Plc share (TPS1V) is listed on NASDAQ OMX Helsinki. News Source: NASDAQ OMX 30.10.2014 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: Technopolis Finland Phone: Fax: E-mail: Internet: ISIN: FI0009006886 WKN: End of Announcement DGAP News-Service ---------------------------------------------------------------------------
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